New York, London and Paris remain the world’s most competitive cities — but perhaps not for long

New York, London and Paris continue to dominate as the world’s top three most competitive cities. That’s the conclusion of the 2019 Global Cities Report from management consulting company A.T. Kearney, which ranks the world’s major cities on their attractiveness for businesses and employees. For the tenth year in a row, New York (1st), London (2nd) and Paris (3rd) retained their titles as the world’s three most competitive cities based on a variety of factors including business activity and cult


New York, London and Paris continue to dominate as the world’s top three most competitive cities. That’s the conclusion of the 2019 Global Cities Report from management consulting company A.T. Kearney, which ranks the world’s major cities on their attractiveness for businesses and employees. For the tenth year in a row, New York (1st), London (2nd) and Paris (3rd) retained their titles as the world’s three most competitive cities based on a variety of factors including business activity and cult
New York, London and Paris remain the world’s most competitive cities — but perhaps not for long Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: karen gilchrist
Keywords: news, cnbc, companies, cities, york, competitive, human, long, capital, london, worlds, information, paris, global, remain


New York, London and Paris remain the world's most competitive cities — but perhaps not for long

New York, London and Paris continue to dominate as the world’s top three most competitive cities.

But their prime positions could be up for contention as progress across Europe, Asia and the Middle East shows signs of disrupting the status quo.

That’s the conclusion of the 2019 Global Cities Report from management consulting company A.T. Kearney, which ranks the world’s major cities on their attractiveness for businesses and employees.

For the tenth year in a row, New York (1st), London (2nd) and Paris (3rd) retained their titles as the world’s three most competitive cities based on a variety of factors including business activity and culture, human capital, political engagement and information exchange.

New York ranked especially highly for business activity and human capital, while Paris performed well for information exchange and London for culture.

The leading trio were joined in the top 10 of the “Global Cities Index” by Tokyo (4th), Hong Kong (5th), Singapore (6th), Los Angeles (7th), Chicago (8th), Beijing (9th) and Washington D.C. (10th).


Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: karen gilchrist
Keywords: news, cnbc, companies, cities, york, competitive, human, long, capital, london, worlds, information, paris, global, remain


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Uber’s European rival Bolt launches in London

Uber’s European rival Bolt is now taking it on in the streets of London. The Estonian ride-hailing company formerly known as Taxify announced its launch in the U.K.’s capital city Tuesday. It joins a growing list of start-ups trying to take market share from Uber in the London metropolitan area. Villig, who founded the company in 2013, said more than 20,000 drivers have already signed up with Bolt ahead of Tuesday’s launch. There were an estimated 87,900 private hire vehicles licensed in London


Uber’s European rival Bolt is now taking it on in the streets of London. The Estonian ride-hailing company formerly known as Taxify announced its launch in the U.K.’s capital city Tuesday. It joins a growing list of start-ups trying to take market share from Uber in the London metropolitan area. Villig, who founded the company in 2013, said more than 20,000 drivers have already signed up with Bolt ahead of Tuesday’s launch. There were an estimated 87,900 private hire vehicles licensed in London
Uber’s European rival Bolt launches in London Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: elizabeth schulze
Keywords: news, cnbc, companies, launch, european, bolt, villig, ridehailing, uber, vehicles, company, london, ubers, uks, rival, launches


Uber's European rival Bolt launches in London

Uber’s European rival Bolt is now taking it on in the streets of London.

The Estonian ride-hailing company formerly known as Taxify announced its launch in the U.K.’s capital city Tuesday. It joins a growing list of start-ups trying to take market share from Uber in the London metropolitan area.

“We see this as quite a monumental thing for both the company and the ride-hailing industry as a whole,” Bolt CEO Markus Villig told CNBC in an interview. “London is one of the biggest, most profitable markets for Uber globally and one where it didn’t have a serious competitor.”

Villig, who founded the company in 2013, said more than 20,000 drivers have already signed up with Bolt ahead of Tuesday’s launch. There were an estimated 87,900 private hire vehicles licensed in London as of March 2018, according to the Department for Transport.


Company: cnbc, Activity: cnbc, Date: 2019-06-11  Authors: elizabeth schulze
Keywords: news, cnbc, companies, launch, european, bolt, villig, ridehailing, uber, vehicles, company, london, ubers, uks, rival, launches


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Huawei exec: We need more time to become the world’s top phone maker

New York, London and Paris remain the world’s leading cities —…New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…Get Aheadread more


New York, London and Paris remain the world’s leading cities —…New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…Get Aheadread more
Huawei exec: We need more time to become the world’s top phone maker Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-11
Keywords: news, cnbc, companies, leading, cities, york, prime, newget, london, phone, worlds, need, exec, maker, paris, remain, positions, huawei


Huawei exec: We need more time to become the world's top phone maker

New York, London and Paris remain the world’s leading cities —…

New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…

Get Ahead

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Company: cnbc, Activity: cnbc, Date: 2019-06-11
Keywords: news, cnbc, companies, leading, cities, york, prime, newget, london, phone, worlds, need, exec, maker, paris, remain, positions, huawei


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Stocks making biggest moves after hours: Shutterfly, Broadcom, Zynga

New York, London and Paris remain the world’s leading cities —…New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…Get Aheadread more


New York, London and Paris remain the world’s leading cities —…New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…Get Aheadread more
Stocks making biggest moves after hours: Shutterfly, Broadcom, Zynga Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: jesse pound, emma newburger
Keywords: news, cnbc, companies, leading, cities, york, prime, stocks, newget, zynga, moves, shutterfly, london, broadcom, worlds, paris, biggest, making, remain, positions, hours


Stocks making biggest moves after hours: Shutterfly, Broadcom, Zynga

New York, London and Paris remain the world’s leading cities —…

New York, London and Paris continue to dominate as the world’s top three most competitive cities. But their prime positions could be up for contention, according to a new…

Get Ahead

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Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: jesse pound, emma newburger
Keywords: news, cnbc, companies, leading, cities, york, prime, stocks, newget, zynga, moves, shutterfly, london, broadcom, worlds, paris, biggest, making, remain, positions, hours


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Trump baby blimp flies again in London as thousands protest UK visit

A 20-foot-tall blimp depicting President Donald Trump as a baby is raised in London on Tuesday June 4. CNBC’s Hollie WongA 20-foot-tall blimp depicting President Donald Trump in a diaper was raised Tuesday morning in London, with thousands protesting against the U.S. president’s state visit to the U.K. The group’s Facebook event, called “Together Against Trump – stop the state visit,” had more than 8,500 potential attendees and 34,000 people interested in attending. A 20-foot-tall blimp depictin


A 20-foot-tall blimp depicting President Donald Trump as a baby is raised in London on Tuesday June 4. CNBC’s Hollie WongA 20-foot-tall blimp depicting President Donald Trump in a diaper was raised Tuesday morning in London, with thousands protesting against the U.S. president’s state visit to the U.K. The group’s Facebook event, called “Together Against Trump – stop the state visit,” had more than 8,500 potential attendees and 34,000 people interested in attending. A 20-foot-tall blimp depictin
Trump baby blimp flies again in London as thousands protest UK visit Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-04  Authors: chloe taylor
Keywords: news, cnbc, companies, protests, flies, baby, khan, stop, president, blimp, balloon, protest, visit, london, raised, thousands, trump, uk


Trump baby blimp flies again in London as thousands protest UK visit

A 20-foot-tall blimp depicting President Donald Trump as a baby is raised in London on Tuesday June 4. 2019. CNBC’s Hollie Wong

A 20-foot-tall blimp depicting President Donald Trump in a diaper was raised Tuesday morning in London, with thousands protesting against the U.S. president’s state visit to the U.K. The giant balloon named “Trump Baby” was unveiled at 10:30 a.m. London time near the U.K.’s Houses of Parliament, close to where protesters marched to show their discontent against the president and his policies. Organizers said winds in the U.K. capital had delayed a full flight for the balloon, but by 11:15 a.m. it had been raised 30 feet above the ground. A rally held by the Stop Trump Coalition and other campaign groups started at 11 a.m. London time, and thousands planned to march from Trafalgar Square to Downing Street as the president’s schedule unfolded. London’s Metropolitan Police put up a blockade, but protesters will be allowed a clear view of the access to the prime minister’s residence at 10 Downing St.

“Now Trump is coming back for a state visit and we have to get out there again in a diverse Carnival of Resistance that shows we reject Trump’s divisive politics and policies of bigotry, hate and greed,” the Stop Trump Coalition said on its website ahead of the demonstration. The group’s Facebook event, called “Together Against Trump – stop the state visit,” had more than 8,500 potential attendees and 34,000 people interested in attending. It is one of a string of protests against the president’s visit that are being organized in different cities across the country. In 2018, a mass protest in London against Trump’s visit attracted tens of thousands of people and the security costs amounted to an estimated bill of more than £12 million ($15.8 million). Jeremy Corbyn, leader of the U.K.’s Labour Party, will speak at Tuesday’s protest, a spokesperson for the party told British media. Corbyn said Monday on Twitter that the demonstration was “an opportunity to stand in solidarity with those he’s attacked in America, around the world and in our own country.”

A 20-foot-tall blimp depicting President Donald Trump as a baby is raised in London on Tuesday June 4. 2019. CNBC’s Hollie Wong

In a tweet on Monday evening, Trump said his visit was “going really well” and that there had been “tremendous crowds of well wishers.” “Haven’t seen any protests yet, but I’m sure the Fake News will be working hard to find them,” he added.

Row with London mayor

Trump and his family will be in the U.K. until Wednesday, when he is due to fly to France to attend a D-Day ceremony in France with French President Emmanuel Macron. Asked about protests ahead of his 2018 U.K. visit, the president said: “I think it’s fine. I think they like me a lot in the U.K., I think they agree with me on immigration.” However, he later told British newspaper The Sun that the protests made him feel “unwelcome.”

Before landing in London on Monday, Trump tweeted a strongly worded criticism of the city’s mayor, Sadiq Khan, after Khan likened the president to “the fascists of the 20th century.” Trump accused Khan of being incompetent and “foolishly ‘nasty’ to the visiting president of the United States,” before dubbing him a “stone cold loser.” The angry-orange baby balloon that flew on Tuesday has been a point of tension between the president and the mayor. Khan did not authorize its use in 2018 at first, but then changed his mind after more than 10,000 people signed a petition calling for him to do so. Khan explained in an interview that there’s no reason to stop the balloon given that it is a safe and peaceful way of protesting.


Company: cnbc, Activity: cnbc, Date: 2019-06-04  Authors: chloe taylor
Keywords: news, cnbc, companies, protests, flies, baby, khan, stop, president, blimp, balloon, protest, visit, london, raised, thousands, trump, uk


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Trump blasts London Mayor Sadiq Khan on UK trip: ‘He is a stone cold loser’

“He is a stone cold loser who should focus on crime in London, not me,” Trump said of the mayor. In an opinion article published ahead of the U.S. president’s visit, Khan likened Trump to the fascists who roiled Europe in the 20th century. Trump and Khan have had a contentious relationship for years. After attackers killed eight people near London Bridge in 2017, Trump criticized Khan’s handling of the attack, and Khan’s office called Trump “ill-informed.” Khan then urged the U.K. government to


“He is a stone cold loser who should focus on crime in London, not me,” Trump said of the mayor. In an opinion article published ahead of the U.S. president’s visit, Khan likened Trump to the fascists who roiled Europe in the 20th century. Trump and Khan have had a contentious relationship for years. After attackers killed eight people near London Bridge in 2017, Trump criticized Khan’s handling of the attack, and Khan’s office called Trump “ill-informed.” Khan then urged the U.K. government to
Trump blasts London Mayor Sadiq Khan on UK trip: ‘He is a stone cold loser’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: matt clinch
Keywords: news, cnbc, companies, uk, cold, khan, united, trump, trip, sadiq, visit, presidents, london, mayor, stone, state, loser, president, khans


Trump blasts London Mayor Sadiq Khan on UK trip: 'He is a stone cold loser'

President Donald Trump fired back a fiercely worded response to London Mayor Sadiq Khan on Monday morning, in an escalating war of words at the start of the president’s official state visit to the U.K.

Building on comments to reporters Sunday night, Trump took to Twitter just moments before touching down at Stansted Airport outside London. “He is a stone cold loser who should focus on crime in London, not me,” Trump said of the mayor.

He said Khan has “by all accounts” done a terrible job and has been “foolishly ‘nasty’ to the visiting President of the United States, by far the most important ally of the United Kingdom.”

In an opinion article published ahead of the U.S. president’s visit, Khan likened Trump to the fascists who roiled Europe in the 20th century.

“In years to come, I suspect this state visit will be one we look back on with profound regret and acknowledge that we were on the wrong side of history,” Khan wrote in The Guardian.

Trump and Khan have had a contentious relationship for years. After attackers killed eight people near London Bridge in 2017, Trump criticized Khan’s handling of the attack, and Khan’s office called Trump “ill-informed.” Khan then urged the U.K. government to reassess its invitation to Trump for a U.K. visit later that year. “I don’t think we should roll out the red carpet to the president of the U.S.A. in the circumstances where his policies go against everything we stand for,” Khan told U.K. broadcaster Channel 4.


Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: matt clinch
Keywords: news, cnbc, companies, uk, cold, khan, united, trump, trip, sadiq, visit, presidents, london, mayor, stone, state, loser, president, khans


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The hot trend in smartphones? Not buying a new one

Samsung , the world’s largest smartphone maker by shipment volume, earlier this year introduced the Galaxy Fold — a nearly $2,000 foldable smartphone that ran into early issues, which delayed its commercial release . Chinese phone maker Huawei, for its part, also announced a foldable phone that will cost around $2,600 . “Phones are supposed to be for calling, for texting and for being connected with the world,” a user in London said about her expectations for smartphones. When mobile phones firs


Samsung , the world’s largest smartphone maker by shipment volume, earlier this year introduced the Galaxy Fold — a nearly $2,000 foldable smartphone that ran into early issues, which delayed its commercial release . Chinese phone maker Huawei, for its part, also announced a foldable phone that will cost around $2,600 . “Phones are supposed to be for calling, for texting and for being connected with the world,” a user in London said about her expectations for smartphones. When mobile phones firs
The hot trend in smartphones? Not buying a new one Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-27  Authors: saheli roy choudhury arjun kharpal elizabeth schul, saheli roy choudhury, arjun kharpal, elizabeth schulze
Keywords: news, cnbc, companies, phone, phones, 5g, smartphone, london, internet, mobile, buying, hot, smartphones, trend, user, world, foldable


The hot trend in smartphones? Not buying a new one

Samsung , the world’s largest smartphone maker by shipment volume, earlier this year introduced the Galaxy Fold — a nearly $2,000 foldable smartphone that ran into early issues, which delayed its commercial release . Chinese phone maker Huawei, for its part, also announced a foldable phone that will cost around $2,600 .

But those flashy new features may not be enough to sway people to trade in their old phones immediately, as long as they’re in good condition.

The smartphone industry has a two-part plan to tackle a global slowdown in sales: sell a pricey new type of mobile device that is able to transform into a tablet, and promote phones that can support super high-speed mobile internet standard 5G.

CNBC’s “Beyond The Valley ” caught up with people on the streets of London, Singapore and Guangzhou, China to ask what they thought of foldable smartphones and the responses were not positive:

“It looks very strange,” according to a smartphone user in Guangzhou.

“It’s super bulky,” said a user in Singapore.

“Phones are supposed to be for calling, for texting and for being connected with the world,” a user in London said about her expectations for smartphones. “I don’t think that I really need to pay that much to have this because I can pay a lot less and still be satisfied.”

Market research firm International Data Corporation said that smartphone shipment volumes for the first quarter of 2019 fell 6.6% on-year after a 4.9% year-over-year decline in the fourth quarter of 2018.

Ben Wood, chief of research at CCS Insight, explained that all smartphone makers face “one over-arching problem” at the moment — their devices look pretty much the same and they have similar functionality. When mobile phones first came out, there was tremendous innovation both in hardware and software, but that’s not now the case, according to Wood.

“The marginal gains over the different generation of products started to slow down,” he added.

Smartphone makers are also betting on super-fast internet as an incentive to get more people to switch their existing devices for new ones that can support the so-called 5G mobile internet.

South Korea’s three mobile carriers as well as Verizon in the U.S. commercially launched their 5G services last month while other countries like China and Japan are racing to launch their own versions of the nascent technology. Still, widespread adoption of 5G will take time since most of the infrastructure around the world is still being built.

But there’s some enthusiasm among potential customers of 5G phones.

A user in Guangzhou said he would buy a 5G phone because it is “trendy” but it also has a “better internet system” that would let him do more, including video streaming.

“It just makes everything easier for us, like social media, streaming Netflix and stuff,” another user in London said.


Company: cnbc, Activity: cnbc, Date: 2019-05-27  Authors: saheli roy choudhury arjun kharpal elizabeth schul, saheli roy choudhury, arjun kharpal, elizabeth schulze
Keywords: news, cnbc, companies, phone, phones, 5g, smartphone, london, internet, mobile, buying, hot, smartphones, trend, user, world, foldable


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London Stock Exchange CEO hints at how the 300-year-old trading venue could use blockchain

London’s more than 300-year-old stock exchange is one of the oldest in the world. Fast forward to the digital age, and it’s thinking about how it can deploy new technologies like the blockchain. Nikhil Rathi, CEO of the London Stock Exchange, hinted that the blockchain — which records data across a distributed network of computers rather than a centralized server — could find some use in the U.K.’s stock market. “You can certainly see distributed ledger technology having an application in the is


London’s more than 300-year-old stock exchange is one of the oldest in the world. Fast forward to the digital age, and it’s thinking about how it can deploy new technologies like the blockchain. Nikhil Rathi, CEO of the London Stock Exchange, hinted that the blockchain — which records data across a distributed network of computers rather than a centralized server — could find some use in the U.K.’s stock market. “You can certainly see distributed ledger technology having an application in the is
London Stock Exchange CEO hints at how the 300-year-old trading venue could use blockchain Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-02  Authors: ryan browne
Keywords: news, cnbc, companies, trading, hints, ceo, london, stock, worlds, technology, market, 300yearold, digital, venue, world, blockchain, process, week, exchange, distributed


London Stock Exchange CEO hints at how the 300-year-old trading venue could use blockchain

London’s more than 300-year-old stock exchange is one of the oldest in the world. Fast forward to the digital age, and it’s thinking about how it can deploy new technologies like the blockchain.

Nikhil Rathi, CEO of the London Stock Exchange, hinted that the blockchain — which records data across a distributed network of computers rather than a centralized server — could find some use in the U.K.’s stock market.

“You can certainly see distributed ledger technology having an application in the issuance process,” he told CNBC in an interview this week. “I can see that technology being used in settlement too.”

Rathi said that the exchange has noticed an “interesting array of different ideas” from rival venues, adding “we’ll see which ones gain market traction.”

Switzerland’s SIX exchange for instance is looking to launch a blockchain-based platform to speed up the trading process, while the Gibraltar Stock Exchange has launched digital versions of securities like corporate bonds.

London’s market venue recently bought a minority stake in a company called Nivaura, which claims to have issued the world’s first automated cryptocurrency-denominated bond.


Company: cnbc, Activity: cnbc, Date: 2019-05-02  Authors: ryan browne
Keywords: news, cnbc, companies, trading, hints, ceo, london, stock, worlds, technology, market, 300yearold, digital, venue, world, blockchain, process, week, exchange, distributed


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UK airport Heathrow set for a third runway after court blocks legal challenge

The High Court in London has ruled that a third runway at Heathrow should go ahead. Construction of the third runway at one of the world’s busiest airports is scheduled to begin within two years, with completion set for 2026. The U.K. government said in 2018 that additional capacity at the airport is “in the national interest and based on detailed evidence.” A majority of 296 lawmakers in the U.K. Parliament backed the plan last year. But campaigners have argued that the U.K. government’s decisi


The High Court in London has ruled that a third runway at Heathrow should go ahead. Construction of the third runway at one of the world’s busiest airports is scheduled to begin within two years, with completion set for 2026. The U.K. government said in 2018 that additional capacity at the airport is “in the national interest and based on detailed evidence.” A majority of 296 lawmakers in the U.K. Parliament backed the plan last year. But campaigners have argued that the U.K. government’s decisi
UK airport Heathrow set for a third runway after court blocks legal challenge Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: david reid
Keywords: news, cnbc, companies, local, legal, uk, plan, ruled, lawmakers, airport, set, runway, blocks, london, rebellion, court, challenge, climate, heathrow, group


UK airport Heathrow set for a third runway after court blocks legal challenge

The High Court in London has ruled that a third runway at Heathrow should go ahead.

Construction of the third runway at one of the world’s busiest airports is scheduled to begin within two years, with completion set for 2026.

Judges had heard five separate challenges to the proposed expansion from a group of local councils, residents, environmental charities and Mayor of London Sadiq Khan. But on Wednesday, three High Court judges ruled in favor of the plan.

The U.K. government said in 2018 that additional capacity at the airport is “in the national interest and based on detailed evidence.” A majority of 296 lawmakers in the U.K. Parliament backed the plan last year.

But campaigners have argued that the U.K. government’s decision to build the additional runway failed to address the impact on air quality, noise, and local traffic congestion.

One claimant, an environmental action group called Plan B, had also argued in its case documentation that by building an extra runway the U.K. government was contradicting its commitment to the Paris Agreement on climate change.

This agreement, signed by a number of countries in 2016, offers a commitment to mitigate greenhouse-gas emissions. In 2017, President Donald Trump said he will withdraw the U.S. from the agreement.

Tim Crosland, Director of Plan B and a legal adviser to another climate action group Extinction Rebellion, called the judgement “disappointing” and it was hard to see how lawmakers could proceed.

“Following the recent Extinction Rebellion protests there is widespread recognition that we are in a state of climate and ecological emergency,” he said in a statement.


Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: david reid
Keywords: news, cnbc, companies, local, legal, uk, plan, ruled, lawmakers, airport, set, runway, blocks, london, rebellion, court, challenge, climate, heathrow, group


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Real estate firm names the top cities for risk-seeking investors

An employee looks out from the 32nd floor viewing platform of the Al Faisaliah Tower in Riyadh, Saudi Arabia. “Courageous” investors looking for long-term opportunities should look to emerging cities in the Middle East, India and China, according to global real estate advisor Savills. In its Resilient Cities Index report, Savills highlighted several cities that were still relatively untapped, despite being the most likely to see economic growth amid global disruption in the coming decades. New Y


An employee looks out from the 32nd floor viewing platform of the Al Faisaliah Tower in Riyadh, Saudi Arabia. “Courageous” investors looking for long-term opportunities should look to emerging cities in the Middle East, India and China, according to global real estate advisor Savills. In its Resilient Cities Index report, Savills highlighted several cities that were still relatively untapped, despite being the most likely to see economic growth amid global disruption in the coming decades. New Y
Real estate firm names the top cities for risk-seeking investors Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: chloe taylor
Keywords: news, cnbc, companies, withstand, london, names, currently, cities, estate, investors, real, place, disruption, worlds, firm, riskseeking, global, york, resilient


Real estate firm names the top cities for risk-seeking investors

An employee looks out from the 32nd floor viewing platform of the Al Faisaliah Tower in Riyadh, Saudi Arabia.

“Courageous” investors looking for long-term opportunities should look to emerging cities in the Middle East, India and China, according to global real estate advisor Savills.

In its Resilient Cities Index report, Savills highlighted several cities that were still relatively untapped, despite being the most likely to see economic growth amid global disruption in the coming decades.

The research analyzed which global hubs would be able to withstand or embrace technological, demographic and political disruption. New York was named the world’s most resilient city, followed by Tokyo, London and Los Angeles.

Savills predicted that the top four cities would retain their positions over the next decade. Shanghai, currently in 11th place, was expected to rise to fifth place by 2028, while London and Paris were the only European cities currently ranked among the 20 most resilient.


Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: chloe taylor
Keywords: news, cnbc, companies, withstand, london, names, currently, cities, estate, investors, real, place, disruption, worlds, firm, riskseeking, global, york, resilient


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